What is a Loss?
Loss
[los]
noun
1.
A Loss is an injury or damage that is covered by an insurance Policy. Losses can be partial, like when wind damages part of a roof, or total, as when an automobile is "totaled" in a collision.
Related Content
Flood Insurance: What Homeowners Need to Know
Even if you’re not living in a “high-risk” area, here’s why you may want to consider flood insurance to protect your home or business.
Did You Know This Fact About Winterizing Your Car?
Do you winterize your car? You should consider it.
Insuring Your Second Home
There are unique risks of owning a second home and obtaining the proper coverage may protect you from financial risk.